Sun Country Airlines Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Sun Country Airlines Holdings has a total shareholder equity of $552.5M and total debt of $351.8M, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are $1.6B and $1.1B respectively. Sun Country Airlines Holdings's EBIT is $97.0M making its interest coverage ratio 2.7. It has cash and short-term investments of $146.5M.
Key information
63.7%
Debt to equity ratio
US$351.78m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$146.49m |
| Equity | US$552.55m |
| Total liabilities | US$1.06b |
| Total assets | US$1.61b |
Recent financial health updates
Is Sun Country Airlines Holdings (NASDAQ:SNCY) Using Too Much Debt?
Dec 12
Does Sun Country Airlines Holdings (NASDAQ:SNCY) Have A Healthy Balance Sheet?
Jun 21Sun Country Airlines Holdings (NASDAQ:SNCY) Has A Somewhat Strained Balance Sheet
Mar 06Recent updates
Is Sun Country Airlines Holdings (NASDAQ:SNCY) Using Too Much Debt?
Dec 12Sun Country Airlines: Risk Shielded Business And Growth Make The Stock A Buy
Nov 27Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock Rockets 47% But Many Are Still Ignoring The Company
Nov 02Should You Think About Buying Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Now?
Nov 01Slowing Rates Of Return At Sun Country Airlines Holdings (NASDAQ:SNCY) Leave Little Room For Excitement
Oct 04Sun Country Airlines: Why I Maintain A Buy Rating Despite Strategic Failure
Aug 27Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 15Is It Too Late To Consider Buying Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)?
Aug 02Does Sun Country Airlines Holdings (NASDAQ:SNCY) Have A Healthy Balance Sheet?
Jun 21Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Might Not Be As Mispriced As It Looks After Plunging 33%
May 24Sun Country Airlines Stock: A Terrible Disappointment But A Strong Buy
May 08Returns On Capital Are Showing Encouraging Signs At Sun Country Airlines Holdings (NASDAQ:SNCY)
Mar 28Sun Country Airlines Holdings (NASDAQ:SNCY) Has A Somewhat Strained Balance Sheet
Mar 06Sun Country Airlines Is Ready For Takeoff
Feb 04Why Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Could Be Worth Watching
Jan 30Market Cool On Sun Country Airlines Holdings, Inc.'s (NASDAQ:SNCY) Revenues
Jan 04When Should You Buy Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)?
Oct 26Sun Country Airlines Holdings (NASDAQ:SNCY) Shareholders Will Want The ROCE Trajectory To Continue
Aug 22Should You Investigate Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) At US$20.97?
Jun 28Sun Country Airlines Holdings, Inc.'s (NASDAQ:SNCY) P/E Still Appears To Be Reasonable
May 30When Should You Buy Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)?
Mar 21Returns On Capital At Sun Country Airlines Holdings (NASDAQ:SNCY) Have Hit The Brakes
Feb 06Financial Position Analysis
Short Term Liabilities: SNCY's short term assets ($226.0M) do not cover its short term liabilities ($380.8M).
Long Term Liabilities: SNCY's short term assets ($226.0M) do not cover its long term liabilities ($676.5M).
Debt to Equity History and Analysis
Debt Level: SNCY's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: SNCY's debt to equity ratio has increased from 23.4% to 63.7% over the past 5 years.
Debt Coverage: SNCY's debt is well covered by operating cash flow (41.4%).
Interest Coverage: SNCY's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:24 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sun Country Airlines Holdings, Inc. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brandon Oglenski | Barclays |
| Brandon Oglenski | Barclays |
| Michael Linenberg | Deutsche Bank |